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Merck KGaA to acquire Mirus Bio for US$600 million to advance integrated offering for viral vector manufacturing

May 27, 2024

Acquiring Company

Merck Group

Acquired Company

Mirus Bio

DarmstadtMadisonManufacturingBiotechnologyHealth CarePharmaceuticalLife ScienceBiotechnologyTherapeutics

Description

Merck KGaA, a prominent science and technology company, has reached an agreement to acquire Mirus Bio for US$600 million. The acquisition is strategically aimed at advancing Merck KGaA's capabilities in viral vector manufacturing, specifically in the production of cell and gene therapies. This move underscores Merck KGaA's commitment to innovation and growth in the life science sector, enhancing its position as a key player in the industry.

Quick answer

Merck Group is acquiring Mirus Bio for $600 million, announced May 24, 2024. Merck Group is based in Darmstadt, Hesse, Germany.

How much did Merck Group pay for Mirus Bio?
The reported deal value is $600 million.
What does Merck Group do?
Merck, a leading science and technology company, operates across life science, healthcare and electronics.
Where are Merck Group and Mirus Bio based?
Merck Group is based in Darmstadt, Hesse, Germany. Mirus Bio is based in Madison, Wisconsin, United States.
Who are the decision-makers at Merck Group?
Fundz holds 2 contacts at Merck Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Merck Group

Location

Darmstadt, Hesse, Germany

About

Merck, a leading science and technology company, operates across life science, healthcare and electronics. Around 63,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2023, Merck generated sales of € 21 billion in 65 countries.

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Frequently asked

Who acquired Mirus Bio?

Mirus Bio was acquired by Merck Group, based in Darmstadt. The deal was reported on May 27, 2024. Merck, a leading science and technology company, operates across life science, healthcare and electronics. Merck Group is privately held and operates in Manufacturing.

When did Merck Group acquire Mirus Bio?

Merck Group's acquisition of Mirus Bio was reported on May 27, 2024. Merck KGaA, a prominent science and technology company, has reached an agreement to acquire Mirus Bio for US$600 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mirus Bio do?

Mirus Bio, part of Gamma Biosciences, is a life science company based in Madison, Wisconsin, USA, that specializes in the development and commercialization of transfection reagents, such as TransIT-VirusGEN®. It is privately held, operating in Biotechnology, and is based in Madison.

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